Listing provided courtesy of RE/MAX Real Estate Group IncMLS# 9500534MLS Provider
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Investor opportunity positioned in the direct path of growth with infrastructure already in place. 5.54-acre investment-grade parcel in Falcon Ranchettes offering strong upside potential and multiple exit strategies. Located at the end of a quiet cul-de-sac, this lot features unobstructed Front Range and Pikes Peak views—premium attributes that directly support higher resale value and end-buyer demand. Key advantage: major infrastructure is already complete. A new septic system and on-site electric pedestal significantly reduce development timelines, upfront costs, and overall project risk. This allows for faster execution and less capital exposure compared to raw land. Zoned RR-5 with no HOA, the property offers maximum flexibility—ideal for a high-end spec build, build-to-rent, custom home, or long-term hold. The acreage and zoning support higher-margin residential product in a market where usable land is becoming increasingly scarce. The growth story is clear. The Meridian, Woodmen, and Powers corridor continues expanding with active commercial and residential development pushing east. This property sits directly in that path, positioning it for appreciation as demand and infrastructure continue to move outward. Strong access, partial utilities in place, and surrounding development already underway make this a strategic acquisition—not speculative fringe land. A historical well exists but is not currently permitted; buyer to evaluate feasibility and costs. Buyer to verify zoning, land use, and future development potential with El Paso County. Bottom line: reduced development friction, flexible use, and located in a proven growth corridor—this is a calculated investment with clear paths to profit.

Source: REColorado MLS, MLS#: 9500534

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  • Property Type
    Land
  • Lot
    5.54 acres

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 11430 Owl Place


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.